Italy's economy ministry said
Wednesday that its fight against tax evasion was yielding
results, with revenues seized from the crackdown on tax
avoidance jumping by 14.5% in the first nine months of the year,
compared with the same period in 2013.
That increase was worth 759 million euros.
Meanwhile, the total tax revenue intake jumped by 0.1%, or
164 million euros, in the first nine months of the year compared
with last year, to reach almost 291 billion euros.
Over the same period, the total VAT take rose by
3%, or 2.257 billion euros, while increases attributable to
internal consumption jumped by 3.7%, or 2.398 billion euros.
The VAT on internal trade provides a good barometer of
consumption.
The economy ministry said that in September, the figures
fell by 0.6% from the previous month, a trend that shows the
impact of the economic slowdown.
The fall is more dramatic when compared with an increase of
4% reported in August and an 8.3% rise reported last February.
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